Foundation for Good

Analysis

Foundation for Good is a registered charity in England and Wales, based in Consett. It was registered in February 2021, 5 years ago. Its declared purposes cover recreation, which this site groups under amateur sport and recreation. Legally it is a charitable incorporated organisation (CIO). It says it provides buildings/facilities/open space and other charitable activities.

In the financial year ending February 2025, Foundation for Good reported income of £960k and spending of £338k, leaving 65% of income unspent that year. Across the 4 years on record, from February 2022 to February 2025, income grew from £60k to £960k (+1497%), an average of +152% a year. The sharpest change came in the year to February 2025, when income rose by 318%. Over the whole period it spent 47% of the income it received.

Among 12,174 England and Wales charities whose main cause is amateur sport and recreation and that reported income, Foundation for Good sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include Bucks Cricket CIO (£955k), Army Sailing Association (£963k) and Waterlow Park (£948k).

In its latest detailed accounts, income came from charitable activities 99% and trading 1.4%. Charitable activities took 47% of spending and raising funds 4.3%. Reserves of £29k would cover about 1 months of spending at that rate. It employed 8 people.